1084-1086 E Hudson Street, Columbus, OH 43211
Local realty services provided by:ERA Martin & Associates
1084-1086 E Hudson Street,Columbus, OH 43211
$725,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: zeke liston, daryl allen miller
Office: forge real estate advisors614-665-5793
MLS#:226032175
Source:OH_CBR
Price summary
- Price:$725,000
About this home
Mixed-use value-add -- thirteen 1BR/1BA units plus one commercial storefront, twelve residential units delivered vacant.
This is a heavy value-add project, not a stabilized asset. The twelve vacant residential units require substantial renovation before they can be leased, and pricing reflects that condition. Buyers should underwrite a full gut-and-turn budget across the vacant unit mix plus a realistic lease-up period.
In-place income is one residential unit at $700/month and the commercial suite leased to MetroPCS at $1,300/month, both month-to-month. A recent appraisal concluded an as-is value of $800,000 for the residential component; the commercial suite was excluded from that valuation.
The return is on the other side of the renovation. CMHA's 2026 payment standard for a 1BR in the 43211 ZIP code is $980/month, effective 8/1/2026 -- a gross figure inclusive of the tenant utility allowance, with final contract rent subject to CMHA rent reasonableness and HQS approval. Against $700 in place, a renovated unit mix leased to voucher holders supports a materially higher rent roll, and a new owner executes the full turn and lease-up without relocating existing residents.
Linden location, minutes from the Linden Community Center, I-71 and Easton, with COTA service on the corridor....
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Home facts
- Year built:1940
- Listing ID #:226032175
- Added:9 day(s) ago
- Updated:September 03, 2026 at 03:19 PM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1940
- Lot area:0.08 Acres
Finances and disclosures
- Price:$725,000
- Tax amount:$6,804
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